Tax Procedures Law

Article 43 — Article (43) Payment and Administrative Fines of Tax in Case of Bankruptcy

Chapter Three: Payment and Collection of Tax and Administrative Fines in Special Cases

1.An appointed bankruptcy trustee shall communicate with FTA to inform him of the Due Tax or FTA's desire to conduct a tax audit for the specified Tax Period(s). 2.FTA shall inform the bankruptcy trustee of the amount of the Payable Tax or the tax audit within (20) twenty Business Days following the receipt of the notification of the bankruptcy trustee. 3.The bankruptcy trustee has the right to appeal, object to and challenge the assessment of FTA or payment of the Due Tax. 4.The Executive Regulations shall specify the procedures for communication with FTA, grievance, objection and payment of the Due Tax.

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